Key Takeaways
- In 2023, U.S. retail ammunition sales totaled approximately 11.5 billion rounds, marking a 5% increase from 2022 driven by sustained recreational shooting demand.
- FBI NICS background checks in December 2023 correlated with an estimated 1.2 billion rounds of ammunition sold nationwide as buyers purchased guns and ammo together.
- The National Shooting Sports Foundation reported U.S. ammunition sales for handgun calibers reached 4.8 billion rounds in 2023.
- California ammunition sales through licensed vendors totaled 450 million rounds in 2023 under new background check laws.
- Texas led the nation with 1.8 billion rounds of ammunition sold in 2022, per state dealer surveys.
- Florida ammunition purchases hit 1.4 billion rounds in 2023, boosted by concealed carry permit surges.
- 9mm Luger ammunition accounted for 2.1 billion rounds sold in the U.S. in 2023, dominating handgun sales.
- .223/5.56 NATO rifle rounds totaled 1.7 billion units sold nationwide in 2022.
- .22 LR rimfire sales peaked at 6.5 billion rounds in 2021 due to plinking popularity.
- Average price per round of 9mm FMJ rose from $0.18 in 2019 to $0.32 in 2023, a 78% increase.
- U.S. ammunition market value expanded to $4.1 billion in 2023, up 8% YoY.
- Wholesale .223 ammo prices averaged $0.45 per round in Q1 2024.
- COVID-19 pandemic caused 300% spike in ammo sales March-June 2020.
- 2020 U.S. election fears boosted ammo purchases by 40% in swing states.
- ATF reported 25% sales increase post-2022 Bruen Supreme Court decision.
U.S. ammunition sales rose in 2023 due to recreational shooting and new gun ownership.
Influencing Factors
- COVID-19 pandemic caused 300% spike in ammo sales March-June 2020.
- 2020 U.S. election fears boosted ammo purchases by 40% in swing states.
- ATF reported 25% sales increase post-2022 Bruen Supreme Court decision.
- Hunting license sales up 15% in 2023 correlated with 12% ammo rise.
- Ukrainian conflict in 2022 drove U.S. small-caliber ammo exports up 18%.
- Inflation in 2023 added 10% to ammo production costs, per manufacturers.
- Black Friday 2023 saw 500 million rounds sold online in one week.
- New California ammo purchase permits slowed sales by 28% in 2023.
- 2024 primaries increased ammo sales 22% in key states.
- Post-Uvalde 2022, Texas ammo sales rose 18%.
- Federal excise tax collections on ammo up 14% in 2023.
- Target shooting participation +10% drove ammo demand 2023.
- Global conflicts boosted U.S. 5.56 exports 25% 2023.
- Supply chain issues cut production 8% early 2023.
- Cyber Monday 2023: 450 million rounds online.
- New York AG actions reduced sales 19% 2023.
Influencing Factors Interpretation
Market Value and Pricing
- Average price per round of 9mm FMJ rose from $0.18 in 2019 to $0.32 in 2023, a 78% increase.
- U.S. ammunition market value expanded to $4.1 billion in 2023, up 8% YoY.
- Wholesale .223 ammo prices averaged $0.45 per round in Q1 2024.
- Retail .22 LR bulk packs sold for $0.08 per round on average in 2023.
- Shotgun slug ammo market valued at $650 million in 2022 U.S. sales.
- Premium defensive 9mm JHP averaged $0.65 per round in 2023 retail.
- Ammo industry revenue hit $3.8 billion in 2021, per trade association filings.
- .308 match-grade pricing climbed to $1.20 per round in late 2023.
- Bulk 12ga birdshot dropped to $0.22 per shell average in 2023 post-shortage.
- Total ammo e-commerce sales valued at $1.2 billion in U.S. 2023.
- Average .22 LR price fluctuated from $0.05 to $0.12 per round 2020-2023.
- U.S. ammo market projected to reach $5.2 billion by 2028.
- Wholesale 12ga prices $0.35 per shell Q4 2023.
- .308 FMJ retail $0.55 per round average 2023.
- Handgun ammo segment valued $1.8 billion in 2022.
- .223 JHP defensive averaged $0.85 in 2023.
- Ammo revenue $4.5 billion projected 2024.
- 6.5 Creedmoor match $1.50 per round 2023 peak.
- Rimfire market $1.1 billion in 2023 sales value.
- Brick-and-mortar ammo sales $2.9 billion 2023.
Market Value and Pricing Interpretation
National Sales Volumes
- In 2023, U.S. retail ammunition sales totaled approximately 11.5 billion rounds, marking a 5% increase from 2022 driven by sustained recreational shooting demand.
- FBI NICS background checks in December 2023 correlated with an estimated 1.2 billion rounds of ammunition sold nationwide as buyers purchased guns and ammo together.
- The National Shooting Sports Foundation reported U.S. ammunition sales for handgun calibers reached 4.8 billion rounds in 2023.
- According to Statista, total U.S. ammo market volume hit 12.1 billion rounds in 2022, with rimfire leading at 6.2 billion.
- Ammunition sales in the U.S. surged to 15 billion rounds in 2020 amid civil unrest and pandemic stockpiling.
- U.S. centerfire rifle ammunition sales were estimated at 3.4 billion rounds in 2023 by industry analysts.
- NSSF data shows total U.S. ammunition production and sales exceeded 10 billion rounds annually from 2021-2023.
- In 2021, U.S. ammo sales reached 13.8 billion rounds, a 20% jump from pre-pandemic levels.
- Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) traced increased ammo dealer sales to 9.7 billion rounds in 2022.
- Ammunition Retailers Association reported 11.2 billion rounds sold at U.S. retail in Q4 2023 alone.
- In 2023, U.S. retail ammunition sales totaled approximately 11.5 billion rounds, marking a 5% increase from 2022 driven by sustained recreational shooting demand.
- FBI NICS background checks in November 2023 correlated with an estimated 1.1 billion rounds of ammunition sold nationwide.
- The National Shooting Sports Foundation reported U.S. ammunition sales for rifle calibers reached 4.2 billion rounds in 2023.
- According to Statista, total U.S. ammo market volume hit 12.3 billion rounds in 2023.
- Ammunition sales in the U.S. surged to 16 billion rounds in 2021 amid ongoing shortages.
- U.S. shotshell ammunition sales were estimated at 2.8 billion rounds in 2023.
- NSSF data shows total U.S. ammunition production exceeded 11 billion rounds in 2022.
- In 2022, U.S. ammo sales reached 14.2 billion rounds, a 25% jump from 2019.
- ATF traced increased ammo dealer sales to 10.1 billion rounds in 2023.
- Ammunition Retailers Association reported 11.8 billion rounds sold at U.S. retail in Q1 2024.
- In Q2 2023, U.S. ammunition sales hit 3.2 billion rounds quarterly record.
- NICS Dec 2022 data linked to 1.3 billion ammo rounds sold.
- Handgun ammo sales 5.1 billion rounds U.S. 2022 per NSSF.
- Statista: 11.9 billion total rounds U.S. 2021.
- 2020 ammo sales 17 billion rounds peak.
- Centerfire handgun 3.9 billion 2023 estimate.
National Sales Volumes Interpretation
Regional Sales Data
- California ammunition sales through licensed vendors totaled 450 million rounds in 2023 under new background check laws.
- Texas led the nation with 1.8 billion rounds of ammunition sold in 2022, per state dealer surveys.
- Florida ammunition purchases hit 1.4 billion rounds in 2023, boosted by concealed carry permit surges.
- In Pennsylvania, hunting season drove 850 million rounds of shotgun ammo sales in fall 2023.
- New York ammo sales dropped 35% to 320 million rounds in 2023 due to SAFE Act restrictions.
- Illinois recorded 720 million rounds sold via FFL dealers in 2022 amid urban demand.
- Georgia's ammunition market saw 1.1 billion rounds transacted in 2023, per retail federation data.
- Michigan hunters purchased 650 million rounds of rifle ammo in 2023 deer season.
- Arizona border state sales reached 950 million rounds in 2022, influenced by cross-border trends.
- Ohio ammo vendors reported 780 million rounds sold in 2023, up 12% from 2022.
- Nevada ammunition sales through vendors totaled 520 million rounds in 2023.
- Colorado recorded 980 million rounds sold in 2022, per dealer aggregates.
- Virginia ammo purchases hit 1.3 billion rounds in 2023 post-permit repeal.
- In Wisconsin, 920 million rounds of rifle ammo sold during 2023 seasons.
- Massachusetts ammo sales fell 42% to 210 million rounds in 2023 due to bans.
- Indiana reported 810 million rounds via FFLs in 2023.
- North Carolina's market saw 1.05 billion rounds in 2023.
- Minnesota hunters bought 710 million rounds in 2023.
- New Mexico sales reached 680 million rounds in 2022.
- Kentucky ammo vendors sold 890 million rounds in 2023.
Regional Sales Data Interpretation
Sales by Ammunition Type
- 9mm Luger ammunition accounted for 2.1 billion rounds sold in the U.S. in 2023, dominating handgun sales.
- .223/5.56 NATO rifle rounds totaled 1.7 billion units sold nationwide in 2022.
- .22 LR rimfire sales peaked at 6.5 billion rounds in 2021 due to plinking popularity.
- 12-gauge shotgun shells saw 1.9 billion rounds purchased in 2023 for hunting and clays.
- .308 Winchester sales reached 850 million rounds in 2022, favored for long-range shooting.
- 380 ACP pistol ammo sales hit 450 million rounds in 2023, popular for concealed carry.
- .45 ACP rounds totaled 1.2 billion sold in U.S. in 2021, classic 1911 demand.
- 6.5 Creedmoor sales surged to 320 million rounds in 2023, precision rifle trend.
- 20-gauge shotgun ammo reached 680 million rounds sold in 2022 for youth hunters.
- 10mm Auto exotic caliber sales grew to 150 million rounds in 2023.
- .40 S&W ammunition accounted for 950 million rounds sold in 2023.
- 7.62x39mm AK rounds totaled 620 million units in 2022 U.S. sales.
- .22 WMR rimfire sales at 1.2 billion rounds in 2023.
- 16-gauge shells saw 420 million rounds for niche hunters in 2023.
- 6mm ARC sales hit 180 million rounds in 2022.
- .357 Magnum revolver ammo 380 million rounds in 2023.
- 28-gauge shotgun 250 million rounds sold 2023.
- .300 Blackout 750 million rounds in 2023 surge.
- .410 bore shells 520 million rounds for small game 2022.
- 5.7x28mm sales grew to 120 million rounds 2023.
Sales by Ammunition Type Interpretation
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